internet

3 Tips For Choosing A Payment Gateway: Collecting Money Online

As a consumer, when you check out of your local convenience store, you may swipe your credit card through a point-of-sale device and your gas, coffee, and donut are paid. But what if you are the retailer and your business is online? It’s not like you have a card-swiping device at every customer’s PC! There must be a way for you to process that information. Essentially, that is the job that a payment gateway does for online retailers. Roy Banks, president of http://Authorize.net, a leader in the payment gateway industry, describes his company’s function as “the digital version of a hardware point of sale terminal.”

What is a Payment Gateway?

Payment gateways allow online merchants such as eStore owners or auction sellers to accept credit card payments over the internet. They authorize the cardholder’s credit—that is, they check to ensure that the customer has enough money on their credit card to cover the charges. They then place a hold on that amount so the buyer can’t turn around and spend that same money elsewhere before it gets transferred to the retailer’s merchant account. Banks describes this as “the technology…necessary to consummate a payment transaction.”

A Payment Gateway is NOT a Merchant Account

Many people confuse merchant accounts with payment gateways but they are not the same. Merchant account services act, for the most part, as a liaison between your business bank account and the payment gateway. When a customer orders a product from your online business their card is processed via the payment gateway. The money is then moved over to the merchant account service. The merchant account service then moves those newly captured funds to your business bank account.

3 Tips for choosing a Payment Gateway:

1.  Is it PCI-compliant?

That means that the company’s security has been audited by a third party and found to be up to industry standards. Since payment gateways store all your customers’ credit card information (sparing you the stress), it also means you can sleep better at night, knowing your customers’ valuable information is safe and sound.

2.  Good customer support

Enough said.

3.  Lastly, it is important that the payment gateway you choose be integrated to the third-party solutions you are planning to use

That means things like store front platforms and shopping carts—you want them to be compatible with your gateway.

Payment gateways will not only allow you to collect the monies from your sales, many also offer an array of security features, some of which will help you avoid becoming a victim of fraudulent orders! In the end, they will make your ecommerce business a less-stressful, more pleasant experience—for both you and your customers.

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How to Find Shop Vitamin Supplements

How to Find Shop Vitamin Supplements

In order to satisfy the increasing demand for healthy products and vitamin supplements, shop vitamin supplement outlets specialize in selling vitamin supplements to consumers. Originally the only place to find shop vitamin supplements was through a medical practitioner providing a prescription that had to be filled at the local drug store. As the research into the benefits of vitamin supplements became more in depth the drug administration allowed for the production of shop vitamin supplements that could be bought over the counter without the need for a prescription. This led to shop vitamin supplements being widely available in grocery stores and even gas stations, especially for the most commonly required shop vitamin supplements such as vitamin C. The production of shop vitamin supplements has increased to such a level that there are now specific shop vitamin supplements available to cater for different age groups, including children and the over 50s. The increase in demand for shop vitamin supplements does not seem to be decreasing but the variety and choice available to consumers is constantly being improved.

The laws governing the sale of drugs have led to many companies diversifying their businesses to concentrate on selling shop vitamin supplements. This has been one of the main reasons for the appearance of a number of internet based businesses selling a wide variety of shop vitamin supplements. The sales tactics for these websites are becoming increasingly more dubious with the promise that some of their shop vitamin supplements can cure almost any illness or condition. The regulation of these internet shop vitamin supplements is constantly being found to be lacking and the federal drug administration is powerless to prevent some of these sites from making false claims. It is therefore down to the consumer to research the claims of these store vitamin supplement manufacturers and to make their own judgment as to the validity of the sales pitches. The most important factor to consider is the possible overdose effects that some of these shop vitamin supplements can have. There are a number of vitamins that can actually be toxic if consumed in too high a quantity and a person should always obtain professional medical advice before consuming any form of store vitamin supplement whether it claims to be from natural sources or not. This applies to shop vitamin supplements that are purchased from a specialist vitamin supplement retail outlet, grocery store or internet company.

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